SNOW Trade on Feb 10, 2022 09:54 from spyrosz: Tradervue User Stock Trades.

Couldn't believe when I saw the SNOW $322 alert...
I guess sympathy play to $DDOG and $TWLO earnings, this thing rallied 1xATR at the open from $300 right into some serious resistance:
a) major previous support pivot=$324
b) 20SMA@weekly=$329
c) significant volume profile above, with trapped longs/bagholders who didn't get any chance to cut exposure when it broke lower 2-months ago.

Remains hyper-growth (LPS, insane Forward P/E + P/S multiples) in a day that 10y > 2%...
High-conviction short, no brainer:
-- Got short Tier 0 in-front of $324, liked the setup so much that I added another 0.5xTier in the afternoon at the quick pop above VWAP, risking a bit less than 1xATR above the level $341s for now
-- Expecting strong rejection here and roll-over
-- 1st target $290, 2nd target $240s
-- Some concern earnings on 03/02, I hope I will have enough buffer by that time

02-11-2022
Covered 40% low $300s...I have annihilated this name. Gift that keeps giving.

02-24-2022
Covered another 10% in-front of $240 lows...Next stop $215.

03-02-2022
Bids getting hit in-front of $215 and sub-$200s AH after ER #s & -30% dump...
Left with 10% size, stop $300.
WHAT A TRADE!!

03-15-2022
Flat the stock. Annihilation trade. I am good even if it continues lower w/o me.
Will re-iterate at higher prices if we get any.